(a) A proviso (3rd proviso) has been inserted in rule 21A (4) to provide for automatic revocation of such system-based suspension upon compliance with provisions of rule 10A. (b) Manner for processing and sanction of such IGST refunds, which were withheld on account of exporters being flagged as risky on the basis of risk parameters and data analytics, was prescribed vide Instruction No.04/2022- GST dated. Also, the manner and procedure for filing of refund applications by unregistered persons in certain circumstances has been prescribed vide Circular no. (a) A new functionality has been made available on the common portal which allows unregistered persons to take a temporary registration and apply for refund. These changes span various aspects of GST, including refund procedures, registration protocols, facilitation measures, amnesty schemes, annual returns, and clarifications on diverse issues. Introduction: The realm of Goods and Services Tax (GST) continues to evolve, and as of November 2023, significant updates have been implemented.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |